'My mortgage is going up £200': How rising interest rates are hitting people's pockets
With UK interest rates set to rise, mortgages, credit cards and loans could get more expensive for millions.
With UK interest rates set to rise, mortgages, credit cards and loans could get more expensive for millions, BBC News reported.
Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- UK
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at BBC NewsSpotted an error? Request a correction · How this summary was produced
Related Stories
What's happening to UK interest rates and what does it mean for mortgages?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
UK dairy farmers see earnings dip as Freshways cuts milk price
Freshways has lowered the price it pays to dairy producers by 7p a litre, adding to the strain on UK milk farms, the Guardian reported.
Immigration reform sparks relief and anxiety among UK care workers
The Guardian reported that the announcement of Shabana Mahmood’s "earned settlement" plans has produced mixed reactions.
Bomb threats cause disruptions to 18 flights across Europe
The Guardian reported that a fresh wave of bomb threats has disrupted air traffic across Europe, affecting at least 18 flights to or from Bulgaria…
US urges China to honour Busan trade deal commitments
Trump-Xi Busan deal aimed to ease tariffs and tech restrictions; progress hinges on China's fulfilment of commitments.
Why smoky bacon crisps threaten to reignite rows over EU rules
A post-Brexit deal on food standards has raised questions over the future naming of the classic British snack.
Foodbank to close after 16 years amid rising costs
A foodbank in Goole annouces it will close in January as costs rise and donations drop.
Winter support for residents facing cost pressures
The plans aim to help more people access food, financial advice and help with heating costs.